Global Neuromodulation Devices Market Size & Outlook
Global neuromodulation devices market, 2018-2030 (US$M)
Related Markets
Global neuromodulation devices market highlights
- The global neuromodulation devices market generated a revenue of USD 4,004.5 million in 2022 and is expected to reach USD 8,266.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.5% by 2030.
- In terms of segment, spinal cord stimulators accounted for a revenue of USD 1,641.7 million in 2022.
- Deep Brain Stimulators is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,004.5 million |
| Market revenue in 2030 | USD 8,266.9 million |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | Spinal cord stimulators |
| Fastest growing segment | Deep Brain Stimulators |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Transcranial Magnetic Stimulators |
Other key industry trends
- In terms of revenue, the North America accounted for 44.7% of the global neuromodulation devices market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 30.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Neuromodulation Devices Market Scope
Neuromodulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global neuromodulation devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neuromodulation devices market will help companies and investors design strategic landscapes.
Spinal cord stimulators was the largest segment with a revenue share of 41% in 2024. Horizon Databook has segmented the Global neuromodulation devices market based on spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, transcranial magnetic stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Neuromodulation Devices Product Type Outlook (Revenue, USD Million, 2018-2030)
- Spinal Cord Stimulators
- Deep Brain Stimulators
- Sacral Nerve Stimulators
- Vagus Nerve Stimulators
- Gastric Electrical Stimulation
- Others
- Global Neuromodulation Devices Technology Outlook (Revenue, USD Million, 2018-2030)
- Internal
- External
- Global Neuromodulation Devices Application Outlook (Revenue, USD Million, 2018-2030)
- Parkinson’s Disease
- Chronic Pain
- Migraine
- Epilepsy
- Tremor
- Depression
- Urinary & Faecal Incontinence
- Other Applications
- Global Neuromodulation Devices Biomaterials Outlook (Revenue, USD Million, 2018-2030)
- Polymeric Biomaterial
- Metallic Biomaterial
- Ceramic Biomaterial
- Global Neuromodulation Devices End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Ambulatory Surgery Centers (ASC)
- Clinics & Physiotherapy Centers
- Other End Use
Reasons to subscribe to Global neuromodulation devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global neuromodulation devices market databook
-
Our clientele includes a mix of neuromodulation devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global neuromodulation devices market , including forecasts for subscribers. This global databook contains high-level insights into Global neuromodulation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global neuromodulation devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Neuromodulation devices market size, 2024 (US$M)
Global neuromodulation devices market share, by product type, 2024 & 2030 (%, US$M)
Neuromodulation devices market: Opportunity assessment by country
Global neuromodulation devices market, by region, 2024 (US$M)
| Product Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,815.5 | 1,954.9 | 1,351.9 | 1,744.2 | 2,077.1 | 2,337.3 | 1,531.7 | 1,674.8 | 1,831.5 | 2,010.9 | 1,121.1 | 1,222.4 | 1,332.3 | -4.5% |
| Europe | 1,031.2 | 1,125.2 | 788.5 | 1,030.8 | 1,243.8 | 1,418.1 | 1,556.6 | 1,720.5 | 1,901.9 | 2,110.8 | 2,345.4 | 1,584.2 | 1,764.1 | 0.5% |
| Asia Pacific | 882.1 | 967.0 | 680.8 | 894.2 | 1,083.7 | 1,241.1 | 1,368.0 | 1,518.6 | 1,686.0 | 1,878.9 | 2,096.3 | 2,339.1 | 1,599.5 | 1.0% |
| Latin America | 121.6 | 132.1 | 92.2 | 119.9 | 144.1 | 163.8 | 178.8 | 196.9 | 216.7 | 239.3 | 264.9 | 291.9 | 322.9 | 10.4% |
| MEA | 139.9 | 146.4 | 98.3 | 122.9 | 141.7 | 154.0 | 160.9 | 169.0 | 177.1 | 186.1 | 195.0 | 205.2 | 213.9 | 4.8% |
| Overall | 3,990.3 | 4,325.6 | 3,011.7 | 3,912.0 | 4,690.4 | 5,314.3 | 4,796.0 | 5,279.8 | 5,813.2 | 6,426.0 | 6,022.7 | 5,642.8 | 5,232.7 | -0.2% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
